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MTL Mullen News Story

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Mullen Group Ltd expected to post earnings of 18  cents a share - Earnings Preview

* Mullen Group Ltd  MTL.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 9. 
    * The Okotoks Alberta-based  company is expected to report 
a
43.7% increase in revenue to C$427.871 million from C$297.7
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mullen Group Ltd is
for
earnings of 18 cents per share. For the same quarter last year,
the company reported earnings of 10 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mullen
Group Ltd
is C$16​, about 28.1% above​ its last closing price
of C$11.51. ​​​
    * 

This summary was machine generated February 7 at 22:38 GMT.  All
figures in Canadian dollars  unless otherwise stated

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